Gold & Precious Metals

Isn’t it just a shiny rock that sits there? What purpose does gold have? Couldn’t you better spend that money on and investment that actually pays a yield?

Gold is the ultimate fear investment. When the market panics, gold rises. When inflation looks to be rising, gold tends to increase with it.

Gold is the ultimate form of wealth protection. Here’s why.

The yellow metal acts as a hedge for your portfolio. Gold tends to hold its value through periods of uncertainty.

We are 40 years into a fiat monetary experiment. Yet gold has had a place in people’s homes for over five thousand years. Furthermore, the price of gold continues to be revalued as the total value of money in circulation grows.

The yellow stuff protects your wealth during periods of inflation. And maintains its purchasing power during deflationary periods.

Each economic crisis sees gold push to a new high.

Here, you’ll find all our articles about gold, and how the metal can help you protect and grow your portfolio over the years to come.

Gold has barely reacted to any of the global tensions of late. Bitcoin, on the other hand, has stolen the spotlight. Perhaps it’s become the ‘new’ gold? I doubt it. I’m not concerned about gold’s future. I still believe it will go higher when the time is right. That could happen sooner rather than later.

You may have heard it referred to as ‘Dr Copper’. That’s because the base metal is so widely utilised that some pundits use it to measure the pulse of the world economy. The copper price has surged to its highest level in six weeks.

Of course, if geopolitical tensions keep climbing, gold could surge higher. But the yellow metal needs to close above the upper black horizontal line. That’s major resistance level at US$1,297 per ounce. If it clears that, gold could revisit this year’s high. That should be good news for gold stocks.

Copper prices have retreated once again. Currently, it’s down 0.8% to US$6,810 per tonne. But traders are looking to the future and in turn, the futures market. And some of the stakes are growing to extremes.

Gold prices rose slightly as US President, Donald Trump elected Jerome Powell as US Federal Reserve chair. As long as the US Senate confirms his appointment, he will be replacing Janet Yellen next February.

It’s no secret that electric vehicles (EVs) are driving a battery boom (no pun intended). Which has boosted demand for lithium, cobalt and more. Now battery makers are turning to the next in-demand metal, nickel.

Smartphones, big data, artificial intelligence, cryptocurrency mining and emerging blockchain technologies, are all pushing demand in this sector. Could it be a very unexpected double boost for zinc then?

The yellow metal might not break out tomorrow. But it’s bound to happen. And it should create multiple new millionaires. So, while we wait for the bull market, let’s just go with the flow. There are still big profits to be made today.

In times like these, filled with global uncertainty, provocative presidential tweets and rogue nations, commodities are waiting with open arms. Gold in particular, provides a shiny safe haven from a rickety marketplace.

The yellow metal’s soared 13% this year. Fundamentally, the story for gold hasn’t changed. It has rallied recently on geopolitical threats and a weaker US dollar. The US dollar remains in a downtrend and global tensions, while lessening, are still there.

I believe it’s best to stick with private assets that have stood the test of time: precious metals and commodities. They are less volatile than cryptocurrencies. Historically, commodities have outperformed during all wars. With tensions rising in North Korea and the Middle East, resource stocks are a no-brainer for now in my view.

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